….what do these environmental issues mean for Thailand as an investment destination? The Map Ta Phut refinery-petrochemicals complex Source of picture: Pattaya News By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections) Here’s yet another unexpected project delay that could prop up markets in the fourth quarter. […]
Asian Chemical Connections
Micro-management gone too far?
micro-management, human resources, APIC, commodity chemicals, CEOs, credit control, financial meltdown
Crikey, did I eat that much?
Pimco, Mohamed El-Erian, financial meltdown, financial rescue package, American Chemistry Council
Changing nature of demand
green homes, the Economist, Peak Oil, speculators, changing demand growth
Here we go again – 1997 is back…..
I sincerely hope not, but all the signs are there because of: *A financial crisis which nobody again saw coming, this time with global implications *What could prove to be too much spending on new equipment and capacity. This time high equity prices have paid for these investments rather than US dollar-denominated bank loans, as […]
The global credit crisis is going to last
The collective sigh of relief was almost audible late last week when the Fed cut its discount rate – the rate banks charge each other for lending. Action from other central banks, including the European Central Bank, could follow this week. Analysts also rate the likelihood of the Fed cutting its formal interest rate at […]
Is Thailand heading for the rocks?
A huge amount of petrochemical capacity – some $12bn worth – is being built in Thailand, way in excess of the quantity added before the Asian financial crisis. This is all predicated on Thailand becoming a manufacturing hub for Southeast Asia with, for example, huge ambitions to grow auto production. But can Thailand attract the […]
Basell predicts tough times for polyolefins in 2009-10
Paul Cherry of Basell gave an excellent paper at the recent ICIS Olefins Conference – Download file Paul offers some hints on how to survive the next downturn, and provides some sobering predictions on operating rates. I bet that after 2009-10, or whenever the next downturn arrives, South Korea, Taiwan and Japan will further restructure. […]
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